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“# Indonesia’s national Islamic council reportedly declares Bitcoin haram ” The National Ulema Council (MUI), Indonesia’s top Islamic scholarly body, has reportedly found cryptocurrencies like Bitcoin (BTC) to be haram, or forbidden, by the tenets of Islam. Asrorun Niam Sholeh, chairman of MUI’s Fatwa Commission, confirmed the religious authority’s rejection of cryptocurrencies due to alleged…
“# ‘#DropGold worked’ — Grayscale ‘flippens’ world’s largest gold fund as AUM hits $60B ” Bitcoin (BTC) an altcoin investment firm Grayscale now has more assets under management (AUM) than the world’s biggest gold fund. According to the latest data from issuer Grayscale, Grayscale now controls over $60 billion — $1.7 billion more than leading…
“# Bitwise bullish on pure Bitcoin ETF after dropping futures filing ” Bitwise Asset Management has withdrawn its application for a Bitcoin (BTC) futures-based exchange-traded fund (ETF) amid a number of such products launching in the United States. While dropping its futures-linked ETF, the firm is still bullish on a spot Bitcoin ETF, which is…
“# Record-high inflation prompts investors to take a closer look at Bitcoin ” Consumers in the United States and around the world continue to feel the pinch of inflation and recent data shows that the Consumer Price Index (CPI) rose 6.2% in October when compared to last year, a development which further cast doubt on…
“# Landry’s Restaurant Group to introduce Bitcoin loyalty program ” Landry’s Restaurant Group announced a partnership with cryptocurrency firm NYDIG on Tuesday that will enable diners to earn $25 worth of Bitcoin for every $250 spent at the hospitality conglomerate’s eateries. Landry’s will also begin keeping a portion of its corporate treasury reserves in Bitcoin…
“# Fresh Bitcoin price highs put bulls in profit for Friday’s $1.2B BTC options expiry ” Every time a new Bitcoin (BTC) all-time high is formed, excessive expectations follow. This time was no different as its price briefly touched $69,000 in the early hours of Nov. 9. Bitcoin 8h, we got our November 9th historical…
“# Price analysis 11/10: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA ” Bitcoin (BTC) and Ether (ETH) have again risen to a new all-time high on Nov. 10, indicating that the trend remains firmly in favor of the bulls. In a recent report from Kraken exchange, analysts said that the current quarter’s…
“# ‘We’ll see about 200 chains connected through Cosmos’ IBC next year,’ says Tendermint CEO Peng Zhong ” Ever since the launch of the inter-blockchain communications, or IBC, protocol in March, which enabled the communication and transfer of digital assets across different blockchains, development activity seems to have picked up pace on the Cosmos (ATOM)…
“# Twitter Crypto: The dedicated team aimed at exploring DApps and more ” Social media giant Twitter is expanding further into the crypto space by setting up a team to look into decentralized applications, cryptocurrencies and blockchain. According to a Wednesday tweet, Interchain Foundation council member Tess Rinearson will be leading a team at the…
“# Early Ethereum Name Service (ENS) adopters rewarded with a hefty five-figure airdrop ” Early adopters in the cryptocurrency market have once again been rewarded for their bravery and exploration after the popular Ethereum Name Service protocol, which issues nonfungible token that double as Ethereum addresses and web domains, distributed an airdrop for its new…